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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?


To: Darth Trader who wrote (109)12/6/1997 1:01:00 AM
From: Bipin Prasad  Respond to of 1848
 
DT,

Please, enlighten me with your "placing market orders".

regards,

BPP



To: Darth Trader who wrote (109)12/6/1997 8:55:00 AM
From: T-Lo Greens  Read Replies (2) | Respond to of 1848
 
Darth Trader wrote:
<<<2) Place market orders

Bipin wrote:
How long have you been in this business? Unless you're rookie
or out of mind, this is one of the most dangerous advice I've
ever heard in my life.


How long have YOU been in the "business"?

Read Reminiscences of a Stock Operator by Edwin Lefevre>>>

Have you read the article on EGRP and how market orders executed late end up costing investors quite a large sum of money? Now there's a class action lawsuit going on regarding this specific issue. I would go with LIMIT orders unless you were trying to liquidate your stock.

Tony